NOT LISTED FOR SALE

289 Odyssey Ln Milpitas, CA 95035

Central San Jose Industral Area Neighborhood

Estimated Value: $1,226,258 - $1,377,000

3 Beds
3.5 Baths
1,651 Sq Ft
1,350 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $1,016,000 $615 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,854/month

23 Days on Market

Highlights

  • Open to Family Room
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • Mabel Mattos Elementary School Rated A
  • Forced Air Zoned Cooling and Heating System
  • 5-minute walk to Augustus Rathbone Park

About This Home

As of August 2020

Luxury urban living in the Velocity at Pace community. This 5 years new, 3 bedrooms, 3.5 baths corner unit has 1651 sf of living space, bright with plenty of natural light. Gourmet kitchen features granite counter-top, center island with sink and stainless steel appliances. Upward of $80k upgrades. Real Hardwood flooring, dual pane windows, alarm system, master bedroom features a large walk-in. Nest cameras in front and back of home, Nest temperature control , and EV CHARGING. Washer & Dryer , refrigerator are included. Prime location is excellent and convenient to everything - new Mabel Mattos elementary school, New Milpitas BART station just half mile away,Great Mall, Costco, Ranch 99, H-mart, upcoming Trader Joe, close to many high-tech companies, commute friendly with easy access to 880, 680 and 237

Last Agent to Sell the Property

Lily Li

Maxreal Property License #02019616 Listed on: 06/24/2020

Maxreal Property

Last Buyer's Agent

Erica Wong

168 Realty License #01866034

Property Details

Home Type

  • Condominium

Year Built

  • 2014

Lot Details

  • 1,350

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 1,651 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Zoned Cooling and Heating System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, maintenance - common area, maintenance - exterior, roof
  • Velocity And Momentum Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2014

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Restrictions: Family Park, Pets - Allowed
  • Listing Class: Residential
  • Structure Sq Ft: 1651
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area In Living Room, Eat In Kitchen
  • Living Sq Ft: 1651
  • Stories: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Slate

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 348
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Roof
  • HOA Exist: Yes
  • H O A Name Text: Velocity and Momentum

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 14, 2020
Sold by
Quazi Salman and Quazi Zeenat
Bought by
Rathi Anup and Kalani Deepika
Seller's Agent
Lily Li
Maxreal Property
Buyer's Agent
Erica Wong
168 Realty
List Price
$1,100,000
Sold Price
$1,016,000
Premium/Discount to List
-$84,000
-7.64%
Current Estimated Value
$1,282,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,565
Avg. Annual Appreciation
4.45%
Original Mortgage
$812,700
Outstanding Balance
$717,537
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$565,028

Purchase Details

Closed on
Sep 5, 2015
Sold by
Quazi Salman
Bought by
Quazi Salman and Mahmud Zeenat

Purchase Details

Closed on
Sep 30, 2014
Sold by
Mahmud Zeenat
Bought by
Quazi Salman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Contour Trade Zone Llc
Bought by
Quazi Salman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rathi Anup $1,016,000 Chicago Title
Quazi Salman -- None Available
Quazi Salman -- First American Title Company
Quazi Salman $704,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathi Anup $812,700
Previous Owner Quazi Salman $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $1,016,000 -4.0% $615 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $1,058,880 -3.7% $641 / Sq Ft
06/24/2020 06/24/20 For Sale $1,100,000 -- $666 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,371 $1,099,748 $549,874 $549,874
2024 $13,371 $1,078,186 $539,093 $539,093
2023 $13,307 $1,057,046 $528,523 $528,523
2022 $13,209 $1,036,320 $518,160 $518,160
2021 $12,994 $1,016,000 $508,000 $508,000
2020 $10,029 $773,128 $386,564 $386,564
2019 $9,902 $757,970 $378,985 $378,985
2018 $9,412 $743,108 $371,554 $371,554
2017 $9,285 $728,538 $364,269 $364,269
2016 $8,915 $714,254 $357,127 $357,127
2015 $8,814 $703,526 $351,763 $351,763
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lily Li

    Maxreal Property

    Section Image
  • Erica Wong

    Buyer's Agent in 2020

    Erica Wong

    168 Realty

    (415) 990-1928

    29 in this area

    229 Total Sales

    Erica Wong
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81795371

MLSListings

APN: 086-82-029

California Santa Clara County Milpitas 95035 Central San Jose Industral Area

289 Odyssey Ln, Milpitas, CA

Not Listed for Sale

Condos

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